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Everyone is calling NOT a dead cat, but I see a juicy 4h bounce setup.
$NOT /USDT - LONG
Trade Plan:
Entry: 0.000444 – 0.000446
SL: 0.000435
TP1: 0.000453
TP2: 0.000458
TP3: 0.000466
Why this setup?
• 1D trend is bearish, but the 15m RSI at 37.5 screams oversold.
• 4h confidence at 86% with entry ref at 0.000445—tight risk/reward.
• TP1 at 0.000453 (+1.8%) and TP2 at 0.000458 (+2.9%) with SL at 0.000435 (-2.2%).
• Why now? The local low is holding, and the ATR shows volatility is compressing—breakout fuel.
Debate:
Are you buying the dip here or waiting for a lower entry to short?
#TradfiTradingChallenge